27089-27095 Bagley Rd | Olmsted Twp, OH 44138
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27089-27095 Bagley Rd
Olmsted Twp, OH 44138
Kingston Corners Shopping Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% Occupied, 57,275 SF Grocery-Anchored Neighborhood Retail Center in Olmsted Township, OH (Cleveland MSA)
- Affluent, Highly-Desirable Area: $128K AHHI within 1-Mile
- All 12 Tenants are NNN, 100% Recovery of Tax/Ins/ CAM Expenses via NNN Lease Structures
- Anchored by Shaker’s MarketPlace (59% of GLA) on NNN Lease thru July 2029
- 3-Tenant Outparcel Building w/ Majority Long- Term Leases Included in Sale – Located Directly at Hard Corner Intersection w/ Recent Façade Renovation
- 91.6% Recovery of Landlord Operating Expenses via Majority NNN Lease Structure
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
57,275 SF
Building Class
C
Year Built
1985
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
4.87 AC
Zoning
RB, Olmstead Twp - RETAIL
Parking
219 Spaces (4.04 Spaces per 1,000 SF Leased)
Frontage
692’ on Bagely
PROPERTY TAXES
| Parcel Number | 263-01-005 | Improvements Assessment | $730,730 |
| Land Assessment | $313,670 | Total Assessment | $1,044,400 |
PROPERTY TAXES
Parcel Number
263-01-005
Land Assessment
$313,670
Improvements Assessment
$730,730
Total Assessment
$1,044,400
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